Property score
65.1
Good
Overall 65.1 · Smaller and older than most nearby homes
1,012 sqft (bottom 14%) · Built in 1965 (7 yrs older than avg)
Located in a above-average income area with median household income of ~85k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 park, and 2 place of worships nearby
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 55%Chinese · 9%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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65.1 is composed by the two sections below.
Property Score
Community Score
Fort Richmond
How to read: Share of sales in each ~$50k price band for “fort richmond” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111012
$85K
Median household income
$87K
Average household income
16%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
17%
Single-person households
23%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
74 Laval Drive — 3 amenities found within 500 m, across 2 categories, including 1 parks (nearest 341 m).
Fort Richmond · WPS public data · 2026
Annual incidents
38
2026
vs. city avg
+29%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
55%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 4% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 74 Laval Drive, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's established Fort Richmond neighbourhood. Built in 1965, its key characteristic is its efficient, manageable size at just over 1,000 square feet of living space, complemented by a renovated basement and an attached garage. The lot is a practical size, offering outdoor space without excessive maintenance.
The primary appeal lies in its position as an affordable entry point into a mature, convenient area. The renovated basement adds functional living space, making the home feel larger than the main floor suggests. It suits first-time buyers seeking a foothold in the market, downsizers looking for a low-maintenance property without leaving the neighbourhood, or pragmatic investors searching for a straightforward rental property. A less obvious perspective is its potential for buyers who value financial predictability; with an assessed value that is modest for the city, it may offer relative tax efficiency compared to higher-valued homes.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 1,012 sqft, the living area is below average for both Laval Drive and the wider Fort Richmond area, placing it among the more compact homes in the locality. This is a key factor in its accessible price point.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the home's full functional space and quality of updates.
3. Is the assessed value a reliable indicator of the likely selling price?
The home's assessed value is $35,800. Historically, assessed values for tax purposes often differ from market value. The provided sales history shows it last sold in early 2019 for an estimated $25.5k-$28.5k, indicating market value can fluctuate significantly. Current market conditions will be the ultimate determinant.
4. What are the implications of the home's age (built 1965)?
As a home from the mid-60s, prospective buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems, even with a renovated basement. A thorough inspection is highly recommended.
5. How can I find out the exact past sale prices?
The exact sold prices are not publicly displayed. As noted on the detail page, you can request the precise history by emailing the listing service; they provide this data manually without using your email for marketing.
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